Question

On December 8, 2019, Holly purchased a residential apartment building. The cost basis assigned to the...

On December 8, 2019, Holly purchased a residential apartment building. The cost basis assigned to the building is $186,600. Holly also owns another residential apartment building that she purchased on August 15, 2019, with a cost basis of $145,500. Click here to access the depreciation tables. If required, round intermediate calculations and final answers to nearest dollar.

a. Calculate Holly's total depreciation deduction for the apartments for 2019 using MACRS

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